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New Disney movie chief pulls plug on costly 'Captain Nemo' by Company Town

UPDATED: In one of his first major creative moves as Walt Disney Studios' new movie chief, Rich Ross has made the costly decision to pull the plug on the planned $150-million production of "Captain Nemo: 20,000 Leagues Under the Sea"...
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Disney's dream that 'Chrismas Carol' will be the new 'Polar Express' coming true by Company Town

When "A Christmas Carol" opened to $30 million domestically on its opening weekend -- well below what prerelease research had suggested and historically very weak for a movie that cost nearly $200 million to produce -- Walt Disney Studios'...
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Disney earnings rise despite loss at move studio, softer park spending by Company Town

The Walt Disney Co. reported an 18% bump in fourth-quarter earnings, propelled by gains in the television group that helped offset a loss at the film studio and a drop in operating income at the theme parks. The company reported...
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Disney's Iger on executive shuffle by Company Town

Walt Disney Co. Chief Executive Bob Iger said he had been planning for "quite some time" to give Chief Financial Officer Tom Staggs and Disney Parks Chairman Jay Rasulo new responsibilities, to broaden and deepen the experience of the executive...
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Rich Ross restructures Disney movie studio by Company Town

Rich Ross is putting his mark on Walt Disney Studios, bringing over a technology guru from Pixar and promoting the home entertainment chief to a newly created job. In addition, Jim Gallagher, the president of marketing, has left the studio....
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Walt Disney Studios President Mark Zoradi resigns by Company Town

In a continued housecleaning at Walt Disney Co., studio distribution veteran Mark Zoradi is leaving the company after 29 years. The departure of Zoradi, president of Disney's motion pictures group, follows the ousting of his former boss, Disney Studios...
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Networks preparing to battle cable and maybe their own affiliates over retransmission consent by Company Town

In the search for new revenue streams, the broadcast networks are going to their affiliates with their hands held out or their guns drawn, depending on one's viewpoint. Specifically, if their affiliates are getting money from cable and satellite operators...
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Chinese government approves Disney park in Shanghai by Company Town

The Beijing government has approved plans to build a Disney park in Shanghai, representing a major milestone in the more than decade-long effort by the Walt Disney Co. to build a theme park in mainland China. Disney submitted plans in...
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Miramax Films' chief Daniel Battsek out by Company Town

Daniel Battsek, head of Disney's specialty movie label Miramax Films, is being forced out of his job after a series of flops failed to turn around the struggling company whose brighter moments included such prestige titles as "No Country For...
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Disney plans new soundstage and production facility in Santa Clarita Valley by Company Town

The Walt Disney Co. today filed plans to build a sprawling soundstage and production complex on the northwest corner of its Golden Oak Ranch in the Santa Clarita Valley. The proposed Disney/ABC Studios at the Ranch would occupy 56 acres...
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Miramax's Battsek is absent as ax swings by Company Town

Some folks at Disney's specialty movie unit Miramax Films are dismayed that their leader Daniel Battsek jetted off to the London Film Festival this week while the ax is falling on many of his employees and the company is basically...
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Life decisions as Lifetime is merged into A&E Networks by Company Town

Senior executives and staff are on pins and needles at Lifetime Television and A&E Networks these days. Now that the deal to merge Lifetime and its sister channels into A&E Networks has closed, the brass at A&E (which stands for...
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Disney Chief Executive Bob Iger outlines role of modern studio chief by Company Town

The recent upheaval at Walt Disney Studios — with the departure of Chairman *** Cook and the appointment of former Disney Channel Worldwide President Rich Ross — has spurred debate over the role of the modern studio chief at the...
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Disney names new president of Disneyland Resort by Company Town

George Kalogridis, a 38-year Disney veteran who got his start as a busboy at the Contemporary Resort at Walt Disney World in Orlando, Fla., has been named president of the Disneyland Resort in Anaheim. As president, Kalogridis will oversee a...
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Next decision for Disney: how to replace Rich Ross by Company Town

Now that Rich Ross has been bumped up from president of Disney Channels Worldwide to chairman of Walt Disney Studios, attention will soon turn to who will be taking his old job. No word from Disney yet on whom that...
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